College students walking down school hallway

Guild Mortgage Announces 2020 Academic Collegiate Scholarship Program Recipients

Leading Independent Mortgage Lender Provides Financial Assistance to Nine College Students in Eight States Through its Guild Giving Foundation

SAN DIEGOGuild Mortgage has awarded nine academic collegiate scholarships to students pursuing continuing education in 2020.

Now in its fourth year, the Guild Giving Scholarship Program provides financial assistance to qualified members of the community, as well as Guild Mortgage employees and their dependents. Winners are awarded $1,500 to be applied to accredited colleges, community colleges, trade schools, and undergraduate and graduate degree programs in any field of study.

This year’s recipients are: Kristen Ahner, Princeton University; Adrian Fedorko, Northeastern University; Phoebe Funai, University of Florida; Madelyn Hall, St. Mary’s University; Samantha Katz, University of Colorado Boulder; Kyleigh Layman, Oregon State University; Leonard Shearer, Cornell University; Brandon Staple, University of Colorado Denver; and Alyse Weideman, Brigham Young University-Hawaii.

“Giving back and helping support learning and continuing education are core values at Guild,” said CEO Mary Ann McGarry. “We’re very pleased to be able to support these deserving students, especially during such challenging times in our country.”

The scholarships are awarded through the Guild Giving Foundation, a nonprofit organization established by Guild to deliver on its commitment to building relationships and strengthening communities. In addition to supporting dozens of local and national charities through direct donations and company-backed volunteer time, the Guild Giving Foundation offers employees a dollar-for-dollar donation match, up to a maximum of $250 per year.

To be eligible for the Guild Giving Scholarship Program, applicants must be a United States citizen or national, have a minimum grade point average (GPA) of 2.5 and meet one of the following criteria: be enrolled full-time in a U.S. high school, have graduated from a U.S. high school or have obtained a U.S. GED at the time of application; or be enrolled full-time as a college student at the undergraduate level with a minimum GPA of 2.5 at the time of application. Applicants must also live in a community where Guild does business. The company currently has 222 retail branches in 30 states.

Students must submit a student essay, statement of career objectives, letter of reference and their official high school or college transcripts as part of the application process.

Recipients are selected by a third-party law firm that specializes in assisting 501(c)(3) charities and foundations in navigating scholarship grant creation and maintenance programs. Payment is made to the recipient’s school of choice upon notification and in accordance with the school’s scholarship guidelines. Scholarships may be a one-time award or be renewed each year through an endowment.

A top-10 national lender by purchase loan volume, Guild specializes in developing innovative pilot programs and specialized products to help deliver the promise of home in every neighborhood and community it serves. Its loan professionals can serve the needs of any homebuyer, from helping first-time buyers achieve homeownership, often through government loan programs, to homebuyers looking to upgrade with a jumbo loan. Guild also specializes in helping active duty and retired military personnel to secure VA loans, with 100% financing and flexible qualifying standards. The company is consistently recognized for its impact in the communities it serves, commitment to customer service, strength in regulatory compliance and workplace culture.

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About the Author: Guild Mortgage

Founded in 1960 when the modern U.S. mortgage industry was just forming, Guild Mortgage Company is a nationally recognized independent mortgage lender providing residential mortgage products and local in-house origination and servicing. Guild’s collaborative culture and commitment to diversity and inclusion enable it to deliver a personalized experience for each customer. With more than 4,000 employees and over 250 retail branches, Guild has relationships with credit unions, community banks, and other financial institutions and services loans in 49 states and the District of Columbia. Guild’s highly trained loan professionals are experienced in government-sponsored programs such as FHA, VA, USDA, down payment assistance programs and other specialized loan programs. Guild Mortgage Company is a wholly owned subsidiary of Guild Holdings Company, whose shares of Class A common stock trade on the New York Stock Exchange under the symbol GHLD.